EMES - Has Hi-Crush Partners Bottomed?
Hi-Crush Partners LP (HCLP) has finally reached an inflection point and looks to present an attractive entry point to reload on shares. The stock has been the recipient of an old-fashioned beating, once again, from new negative headlines surfacing, such as delays in completions being experienced by E&Ps, and wells needing less sand to do the completion job.
However, my investing partners and I believe that these are easier false narrative to overcome, as opposed to the oversupply myths that we tackled last year, for reasons that we will discuss below. As a result, I